The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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The best TFSAs in Canada for 2023 Aug 25th
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The best TFSAs in Canada for 2023
Here are the best accounts to hold your savings and investments.
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The best TFSAs in Canada for 2023
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Tax planning for Canadians who invest in the U.S. Jun 10th
It’s no surprise that many Canadians invest south of the border—both in stocks and real estate. On the world stage, economically speaking, we’re small potatoes.
As of May 31, 2021, Canada’s country weight within the MSCI All Country World Index was less than 3%. By comparison, U.S. stocks re.... More »
How financial advisors can help at different life stages Mar 22nd
When it comes to figuring out your finances and planning for the future, working with a pro can make this process easier. Canadians who feel hopeful about their financial future are more likely to be working with a financial professional, according to research by FP Canada.
Depending on you.... More »
What’s behind the retreat in responsible investing? + MORE Oct 15th
Socially responsible investing is down but not out in Canada, a new survey of investment advisors by the Responsible Investment Association (RIA) has found. Just under two-thirds of advisors (64%) report using responsible investing (RI) approaches and investments, down from 73% in 2023. But the shar.... More »
Red Hat stock up 47% after $34B US takeover by IBM Oct 29th
Shares of Red Hat skyrocketed 47 per cent at the opening of trading in New York Monday after IBM, in the biggest acquisition of its 100-year history, acquired the software company..... More »
Asian stock markets mostly fall after weak China factory data, await Thursday’s Fed decision
– canadianbusiness.com
BEIJING, China – Asian stocks were mostly lower Monday after China reported weak factory output and as investors looked ahead to a U.S. Federal Reserve decision this week on whether to raise interest rates.
KEEPING SCORE: Tokyo’s Nikkei 225 fell 1.2 per cent to 18,045.60 and China’s Shanghai Composite Index lost 2.3 per cent to 3,126.35. South Korea’s Kospi shed 0.7 per cent to 1,928.13. Hong Kong’s Hang Seng declined 0.3 per cent to 21,447.19. Taiwan’s index fell while markets in Southeast Asia were mixed. Australia’s S&P/ASX 200 rose 0.1 per cent to 5,074.70.
CHINESE MANUFACTURING: Factory output in August grew by a disappointing 6.1 per cent, prompting expectations Beijing will launch new stimulus measures for its cooling economy. Growth was below forecasts and analysts said even the level reported was due to comparison with an unusually weak period a year earlier. That came after August exports fell 5.5 per cent. The latest data “do cast doubts over the underlying strength of industrial activity,” said UBS in a report…
KEEPING SCORE: Tokyo’s Nikkei 225 fell 1.2 per cent to 18,045.60 and China’s Shanghai Composite Index lost 2.3 per cent to 3,126.35. South Korea’s Kospi shed 0.7 per cent to 1,928.13. Hong Kong’s Hang Seng declined 0.3 per cent to 21,447.19. Taiwan’s index fell while markets in Southeast Asia were mixed. Australia’s S&P/ASX 200 rose 0.1 per cent to 5,074.70.
CHINESE MANUFACTURING: Factory output in August grew by a disappointing 6.1 per cent, prompting expectations Beijing will launch new stimulus measures for its cooling economy. Growth was below forecasts and analysts said even the level reported was due to comparison with an unusually weak period a year earlier. That came after August exports fell 5.5 per cent. The latest data “do cast doubts over the underlying strength of industrial activity,” said UBS in a report…
Obamanet Is Hurting Broadband
– online.wsj.com
The predictable effect of more regulation has arrived: Investment
is plummeting.
China issues blueprint for state industry overhaul that would retain ruling party dominance
– canadianbusiness.com
BEIJING, China – China’s Communist Party has issued a long-awaited blueprint for overhauling bloated state industries that would retain the party’s dominance in the economy.
The plan comes at a time when the government of President Xi Jinping is under pressure to reverse an economic slowdown and reduce reliance on trade and investment to drive growth. Communist leaders have promised to give entrepreneurs and market forces a bigger role but insist state ownership will remain the core of the economy.
The plan issued late Sunday reflects the complex path the party walks in trying to develop the world’s second-largest economy while preserving its monopoly on power.
It calls for state companies to face more free-market competition, become financially self-supporting and be clearly divided between commercial competitors and those that serve social purposes. It gives no details of how individual companies will be treated and no timetable but promises a “decisive outcome” by 2020…
The plan comes at a time when the government of President Xi Jinping is under pressure to reverse an economic slowdown and reduce reliance on trade and investment to drive growth. Communist leaders have promised to give entrepreneurs and market forces a bigger role but insist state ownership will remain the core of the economy.
The plan issued late Sunday reflects the complex path the party walks in trying to develop the world’s second-largest economy while preserving its monopoly on power.
It calls for state companies to face more free-market competition, become financially self-supporting and be clearly divided between commercial competitors and those that serve social purposes. It gives no details of how individual companies will be treated and no timetable but promises a “decisive outcome” by 2020…
